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Despite a miracle run to remain in the Premiership, Fulham has decided to shed some of the American mainstays who helped prevent what seemed like certain relegationCarlos Bocanegra had been long rumored to be leaving Craven Cottage at the end of the season. “I didn’t get a dollarof that money.” (Reporting by Anna Driver and Chris Baltimore in Houston;Editing by Phil Berlowitz and Steve Orlofsky) Bonds Global Markets Funds News ETFs News. Instead, the money was invested in other Stanfordcompanies and investments, he said.”There was never a loan made to me where I received thebenefit of that money,” Stanford said. “It appears that the total value of the assets of theestate is likely to be only a fraction of the total amount thatwould be needed to pay all outstanding CDs and otheranticipated claims against the estate,” Janvey said in thefiling.Company records show that a “very substantial amount ofcash,” possibly upward of $1 billion, remains unaccounted for,the filing said.Some of the cash could have been loaned directly to Stanford”and then spent on personal consumption by him,” it said.On Monday, Stanford denied being the recipient of a $1.6billion “loan to shareholder” that was referenced in SEC courtdocuments. “If the SEC had not come in and disemboweled a living,breathing strong organization the way they did, there is noquestion on God’s green earth everybody could have been madewhole, and we would have had a lot of money left over,” anagitated, sometimes combative Stanford told Reuters. In an interview on Monday, Stanford denied improper actionand said he did not directly control the firm’s investments,and said the SEC “disemboweled” his company.

agencies probing Stanford’s case include theJustice Department, Internal Revenue Service and DrugEnforcement Administration, Janvey said. Stanford owes $227million in federal taxes from 1999-2003, including interest andpenalties, the IRS has said. Securities and Exchange Commission of an $8billion fraud involving certificates of deposit issued by hisbank in Antigua.Other U.S. “Thestructure was seemingly designed to obfuscate holdings andtransfers of cash and assets.” Stanford, two aides and three of his companies have beenaccused by the U.S.

There was no central reporting in what Janvey called a”complex, sprawling web,” and the companies had about 200different accounting systems, the interim report filed with thecourt said.In a nontraditional corporate structure, Stanford himselfdirectly owned the stock of almost half of the entities, ratherthan having them controlled by a central holding company, thefiling said.”Very few people were privy to sufficient information tounderstand the totality of the operations,” it said. “The Stanford operations appear to have been designed toprevent any one employee (outside of a small handful) fromgaining knowledge of the full scope of Stanford’s assets andoperations and the flow of funds among Stanford entities,” thecourt filing said. The report paints a picture of a disparate organizationmade up of a broker dealer, a coin and bullion business, anoffshore bank and a number of trust companies. About $7.2 billion worth of CDs were held by publicinvestors as of Feb 22, 2009, according to the filing. In one instance, accountants hired by receiver Ralph Janveyfound that 1,587 acres (642 hectares) in Antigua that had beenpurchased for $63.5 million in 2008 were valued at $3.2 billiononly months later, according to the filing.Janvey told the court that bank records showed that Stanfordhimself did not hold any of the certificates of deposit thatregulators have said are at the heart of the alleged fraud.